By May this year, awards in highways projects will swell to Rs 2 lakh crore from Rs 1.6 lakh crore now
Asserting that India has full potential to emerge as a global hub for electric vehicles by 2025, Union Minister Nitin Gadkari on Friday asked automobile manufacturers to reduce cost and forego profit initially to capture market and fuel growth. Once the market picks up there will not be any looking back, Road Transport and Highways and MSMEs Minister Gadkari said, promising all support to manufacturers in the initiative aimed at cutting India's huge import costs of crude and arresting pollution. The minister said he is scheduled to make an hour-long presentation on EVs before the Chief Justice of India post-Diwali.
General Singh was assigned to receive leaders representing the planet's two superpowers -- the president of the United States and the premier of the People's Republic of China.
Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects. The money will be raised through Infrastructure Investment Trusts (InvITs), and there will be an investment limit of Rs 10 lakh for retail investors, he added. "We will be approaching the capital market to raise funds for the four road projects... there will be an assured return of 7-8 per cent," Gadkari said while addressing a Ficci event.
Union Minister Nitin Gadkari on Thursday said the government will approach the capital market this month to raise funds for road projects. Addressing an event, he said toll revenue of the NHAI will soar to Rs 1.40 lakh crore per annum in next three years from Rs 40,000 crore per annum currently. "This month, I will be approaching the capital market to raise funds for road projects...Our toll income is very good and NHAI's rating is AAA...I am 100 per cent sure that we will get a good response from the capital market," the Road Transport and Highways minister said.
The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December
Work is also progressing on 17 strategic highway-cum-airstrips, three of which have been completed, he said. Besides, work is on in full swing on the Rs 12,000 crore ambitious Chardham project for providing all-weather connectivity to Gangotri, Kedarnath, Yamunotri and Badrinath.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
The Delhi-Dausa-Lalsot stretch is set to reduce the travel time between the national capital and Jaipur considerably.
Gadkari said that 10 rail over bridges were being taken up under Setu Bharatam.
'India never tried to grab land of its neighbours like Bhutan and Bangladesh'
For the past few days, Tata had been admitted to the Breach Candy Hospital in south Mumbai.
Transport minister says they are cheaper mode of transport than road and rail; so far only 5 river stretches have been declared waterways
The 4.5 kilometre-long Silkyara tunnel project in Uttarakhand, which is part of the central government's strategic 900-km 'Char Dham Yatra All Weather Road', will continue after the necessary safety audit and repair of the broken structure, a senior road ministry official said on Wednesday.
In light of the recent incidents involving scooters from prominent electric mobility brands bursting into flames, the subject of electric vehicle (EV) safety has come under the spotlight. As many as 20 electric scooters of Nashik-based Jitendra EV Tech caught fire after being loaded on a transport container. While no one has been reported injured, the company said it is conducting an investigation to find the 'root cause' of the fire.
In a stern 'perform or take VRS' warning to officials sitting on files, Union Minister Nitin Gadkari on Thursday asked them not to become obstacles in the way of India achieving world class infrastructure.
The project worth about Rs 5,000 crore is underway with assistance from the World Bank.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
The sector hit many roadblocks during 2014, as builders were seen shying away from the projects and investments dried up amid various regulatory, judicial and policy-related bottlenecks.
Gadkari said in an apparent reference to the Pathankot terror strike that Pakistan was waging a "proxy" war against India.
He said he spoke whatever he felt from within and added 'neither I dream it, nor there is any liaisoning, nor any PR'.
33 per cent of all road accidents and 35 per cent of fatal accidents took place on national highways and expressways.
The minister said apart from the potential of 10 million jobs under Sagarmala, more than 10 million could be easily created in shipping, highways and other sectors
India laid out the red carpet and accorded a ceremonial reception for one of this country's most valued allies, Sheikh Hasina
What some of our leaders were up to over the weekend.
Union Minister Nitin Gadkari on Saturday appeared before a Delhi court in connection with a criminal defamation complaint
A tribute to the unsung heroes.
The ministry also wants to extend support to states through a special provision from the proposed Rs 25,000 crore fund for electric bus and personal rapid transport initiatives.
The estimated cost of the metrino is Rs 50 crore per km and each pod can accommodate three to four persons, Megha Manchanda/Business Standard reports from New Delhi.
On Sunday morning, the sun shone brightly on vintage cars parked in symmetry on the grounds of ITC Maurya in New Delhi. The owners were making sure the old beauties turned up spick and span for a rally organised by ITC Hotels in partnership with the Heritage Motoring Club of India. The rally would end at ITC Grand Bharat in Gurugram, Haryana, later in the day.
Land acquisition costs have gone up to almost 50% of total project cost.
The government has deferred the implementation of the proposal to make six airbags mandatory in passenger cars by one year to October 1, 2023, Road Transport and Highways Minister Nitin Gadkari said on Thursday. The government had earlier planned to make six airbags mandatory in eight-seater vehicles for enhanced safety of occupants from October 1, 2022. "Considering the global supply chain constraints being faced by the auto industry and its impact on the macroeconomic scenario, it has been decided to implement the proposal mandating a minimum of 6 Airbags in Passenger Cars (M-1 Category) w.e.f 01st October 2023," Gadkari said in a tweet.
With just over a month to go for assembly elections in Goa, political observers feel the Congress may upset the Bharatiya Janata Party's plans for retaining power in the coastal state, but appear less enthused about the Trinamool Congress, whose entry has added colour to the poll campaign.
Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.
Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.
NHAI to pull plug on Rs 3,000-crore ventures for poor show
The Goa unit of the Bharatiya Janata Party on Saturday announced that it will observe the birthday of Defence Minister Manohar Parrikar in a simple manner in Panaji on Sunday.
The Centre will make it mandatory for carmakers to provide a minimum of six airbags in motor vehicles that can carry up to 8 passengers for enhanced safety of occupants, Union Minister Nitin Gadkari said on Friday. In a series of tweets, the Road Transport and Highways Minister said his ministry had already mandated the implementation of fitment of the driver airbag with effect from July 1, 2019 and front co-passenger airbag with effect from January 1, 2022. "In order to enhance the safety of the occupants in motor vehicles carrying upto 8 passengers, I have now approved a Draft GSR Notification to make a minimum of 6 Airbags compulsory," Gadkari said.
Fadnavis (52), in an explanatory statement submitted to civil judge VM Deshmukh on April 15, said there was no intention to deliberately conceal information about the two "insignificant" complaint cases.
The ropeway like system runs on electricity and driverless pods and comes down at designated stations, removing the traffic burden from congested roads.
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